Which of the Following Is True About Ethical Leaders

question 35

Multiple Choice

Which of the following is true about ethical leaders?

• A)Ethical business leaders do not need to talk about ethics and act ethically on a personal level.
• B)They do not say "no" to conduct that would be inconsistent with their organization's and their own personal values.
• C)If an executive is "quietly ethical" within the confines of the top management team, but more distant employees do not know about her or his ethical stance, they are more likely to be perceived as an ethical leader.
• D)They expect others to say no to them.

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Definitions:

Interest Income

Income earned from the lending of funds or depositing money in interest-bearing accounts.

OID

Original Issue Discount; it refers to the difference between the original issue price of a bond and its maturity value, treated as interest for tax purposes.

Series I Savings Bonds

A type of U.S. savings bond designed to protect the value of your cash from inflation.

Qualified Higher Education Expenses

Expenses required for enrollment or attendance at an eligible educational institution, including tuition, fees, books, supplies, and equipment.